TE
科技回声
首页24小时热榜最新最佳问答展示工作
GitHubTwitter
首页

科技回声

基于 Next.js 构建的科技新闻平台,提供全球科技新闻和讨论内容。

GitHubTwitter

首页

首页最新最佳问答展示工作

资源链接

HackerNews API原版 HackerNewsNext.js

© 2025 科技回声. 版权所有。

Landlords Are Using AI to Raise Rents

67 点作者 elorant5 个月前

14 条评论

thephyber5 个月前
I’m less concerned that it is using AI.<p>I’m more concerned how both the vendor and the landlords are dealing with the feedback loop when the inevitable error occurs.<p>And as far as I’m concerned, I would like the government to mandate data transparency and create the data clearinghouse to facilitate it. Requires APIs be used and open protocols. That’s how we “increase competition and drive down costs for the consumer”. Not just for rents, for insurance, services, and products.
评论 #42354898 未加载
评论 #42354863 未加载
评论 #42354634 未加载
diegof795 个月前
The AI part in the title is pure clickbait.<p>The problem in this case is not AI, this is all about the data.<p>RealPage has tons of data about the properties in an area. That data helps to know if your rent is below the market or if the market demand is growing.<p>While you can apply ML techniques to suggest a rent price, it could also be done with Excel and a few formulas. Their secret sauce is not the algorithm.<p>Real Estate investors don&#x27;t trust generative AI, for a good reason: LLMs are good for summarizing offer memorandums and other documents, but their hallucinations -and lack of context- make it a terrible choice for investment recommendations. The hallucination part could be reduced with better data quality, but then the key is again: data.<p>The more profound implications that the RealPage case entails is how all the data collection and optimization helps companies to drive revenue at the expense of some people&#x27;s quality of life: the optimization features for landlords go against tenants.<p>This happens in almost every product: the optimizations in newspaper&#x27;s clickthru favor sensationalistic articles with low quality. This is not a new problem, the biggest difference is that nowadays we leave a huge data trail that favors these shitty optimizations, and market competition is not going to magically fix it.
ChrisArchitect5 个月前
Related U.S. case discussion from 3 months ago:<p><i>DOJ sues realpage for algorithmic pricing scheme that harms renters</i><p><a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=41330007">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=41330007</a>
alchemist1e95 个月前
If governments what to make a simple but effective regulatory change that will improve competitiveness of rent pricing then simply mandate all lease agreements must have their rate and terms published publicly.
评论 #42354641 未加载
huttyoop5 个月前
And health insurers are using it to deny claims.
评论 #42354718 未加载
评论 #42354734 未加载
评论 #42354756 未加载
semiquaver5 个月前
<p><pre><code> &gt; AI is a plaque upon housing in America. </code></pre> How is it possible for such a typo to be present in an article subhead? Do editors just not exist anymore?
评论 #42355033 未加载
评论 #42354998 未加载
BluSyn5 个月前
Using AI for market price discovery actually sounds like a valuable use case.
评论 #42354758 未加载
评论 #42354779 未加载
评论 #42354796 未加载
评论 #42354812 未加载
PittleyDunkin5 个月前
Who cares what mechanism they&#x27;re using if there&#x27;s so little regulation they can just raise it for the hell of it?
评论 #42354860 未加载
评论 #42355035 未加载
评论 #42354917 未加载
cameldrv5 个月前
The thing is, it’s not AI, it’s just price fixing. We are going to see a lot of stuff in the near future where people are doing something illegal and they’re going to say “the AI made me do it!”
jmyeet5 个月前
Given the murder of UHC&#x27;s CEO this week, the concept of &quot;social murder&quot; has been doing the rounds [1]:<p>&gt; When one individual inflicts bodily injury upon another such that death results, we call the deed manslaughter; when the assailant knew in advance that the injury would be fatal, we call his deed murder. But when society places hundreds of proletarians in such a position that they inevitably meet a too early and an unnatural death, one which is quite as much a death by violence as that by the sword or bullet; when it deprives thousands of the necessaries of life, places them under conditions in which they cannot live – forces them, through the strong arm of the law, to remain in such conditions until that death ensues which is the inevitable consequence – knows that these thousands of victims must perish, and yet permits these conditions to remain, its deed is murder just as surely as the deed of the single individual; disguised, malicious murder, murder against which none can defend himself, which does not seem what it is, because no man sees the murderer, because the death of the victim seems a natural one, since the offence is more one of omission than of commission. But murder it remains.<p>The American private health insurance industry is quite literally built on <i>knowingly and foreseeably</i> killing people (by denying claims) for profit. But we don&#x27;t tend to view it as murder in the same as we do when someone is gunned down on the street. Yet we should.<p>Shelter is a basic human need. Lack of shelter will foreseeably kill people. It&#x27;s no different to private health insurance.<p>As another commenter put it (correctly), this is really about using AI to collude on pricing If most landlords use the same software system that produces the same results, then that&#x27;s just collusion.<p>That&#x27;s really what AI is for: to detach humans from their responsibility in violent outcomes, be it with colluding to raise rents as is the case here or, say, to target bombs [2].<p>We&#x27;re barrelling towards being just like brick kiln workers in Pakistan, India and Bangladesh except half of us are cheering that on.<p>[1]: <a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Social_murder" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Social_murder</a><p>[2]: <a href="https:&#x2F;&#x2F;www.vox.com&#x2F;future-perfect&#x2F;24151437&#x2F;ai-israel-gaza-war-hamas-artificial-intelligence" rel="nofollow">https:&#x2F;&#x2F;www.vox.com&#x2F;future-perfect&#x2F;24151437&#x2F;ai-israel-gaza-w...</a>
bsder5 个月前
No, they are using <i>collusion</i> to raise rents--AI is simply the latest attempt to whitewash the collusion. Collusion is already illegal. And had been investigated and are currently being prosecuted.<p>Those prosecutions are now going to magically disappear.<p>Elections have consequences. ¯\_(ツ)_&#x2F;¯.
评论 #42354721 未加载
ChrisArchitect5 个月前
Related story from Canada:<p><i>Canadian mega landlord using AI &#x27;pricing scheme&#x27; as it hikes rents</i><p><a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=41452781">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=41452781</a>
ChrisArchitect5 个月前
[dupe]<p>Some earlier discussion on The Markup original, avoid syndicated content:<p><a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=42303530">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=42303530</a>
salmonellaeater5 个月前
This is a bad article. There are two issues that are being conflated: collusion, and algorithmic pricing. On top of this, the author is either ignorant of economic principles, or is deliberately avoiding using economic analysis.<p>Collusion is already illegal. If RealPage is facilitating collusion, then they and the participating landlords should be prosecuted. RealPage seems to be in a strange and novel business where they&#x27;re recommending prices that might not be the best for their customers, the landlords. This seems a lot like collusion with extra steps. If they&#x27;re actually recommending prices that maximize profits for each customer individually then that seems fine.<p>A quote from the article suggests that RealPage is being used in real estate companies by upper managers to guide and oversee the work of their reports:<p>&gt; If a property manager disagrees with the price the algorithm suggests and wants to decrease rent rather than increase it, a pricing advisor will “escalate the dispute to the manager’s superior,” prosecutors allege in the suit.<p>This... is fine as long as the price being recommended is in the best interest of the real estate company rather than RealPage.<p>Algorithmic pricing is a perfectly normal extension of basic business management. A real estate management company could achieve the same thing that RealPage is doing (aside from collusion) by buying data from other companies and using some fancy math to choose the best rental prices.<p>The article makes a claim that isn&#x27;t really substantiated:<p>&gt; The complaint names specific areas where rents are artificially high.<p>&gt; In the second quarter of 2020, the average rent in San Diego County was $1,926, reflecting a 26% increase over three years, according to the San Diego Union-Tribune. Rents have since risen even more in the city of San Diego, to $2,336 per month as of November 2024 – up 21% from 2020, according to RentCafe and the Tribune. That’s 50% higher than the national average rent.<p>This is a non sequitur. How San Diego rents compare to the national average doesn&#x27;t tell you anything about whether rents are artificially high. San Diego is a desirable place to live; maybe the rents are artificially <i>low</i> and really should be 2x the national average! What would tell you that is whether landlords could make more money by lowering rents. This would only make sense if occupancy rates are low and landlords could fill more empty units by lowering rents. It wouldn&#x27;t necessarily make sense even if occupancy rates are low, as high prices filter out bad tenants who cause damage and other costs and can&#x27;t compensate the landlord because they don&#x27;t have money. In some markets filtering out these bad tenants can be worth it even if units go empty. California has really poor protections for landlords against bad tenants, so I wouldn&#x27;t be surprised if higher prices and lower occupancy rates was the correct business decision for landlords there.